The statement tabled in the House of Commons on Thursday is Freeland’s first big push to keep Canada in the clean-tech economy race in the shadow of the massive Inflation Reduction Act south of the border and move Canada’s transition to a green economy further along.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Most of the heavy lifting to respond will need to wait until the Liberals introduce the next federal budget, expected in spring 2023.tap here to see other videos from our teamBut Freeland outlined in Thursday’s mini-budget the broad strokes of some of it, including launching consultations to design an investment program for electric vehicle and battery manufacturing and plans to create a new tax credit for companies that start producing low-carbon hydrogen.
Freeland said the labour conditions being placed on the tax credit will also be imposed on the clean hydrogen credit when it launches and are among the most significant new measures proposed in the fall update.